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More Than Half of Asia's Gas Needs Will Be Supplied by LNG by 2030
Jun 6, 2014More than half of Asia's gas needs will be supplied by LNG by 2030, Santos Ltd CEO David Knox said Thursday, adding that this will provide the Australian LNG exporter opportunities to grow. Speaking from the Brisbane Mining Club, Knox ...
Tags: Gas, Chemicals, Metallurgy, Mineral, Energy
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Horizon Currently Has a 25% Participating Interest in PPL 259
Dec 5, 2013Eaglewood Energy Inc. ("Eaglewood") (TSX VENTURE:EWD) is pleased to announce that it has executed a farmout agreement with Ketu Petroleum Ltd, a wholly owned subsidiary of Horizon Oil Ltd (ASX:HZN) ("Horizon") for 20% of Eaglewood's 65% ...
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Hundreds of Delegates Returned to Tokyo This Year to Hash out The Debate Started Years Ago
Sep 13, 2013Hundreds of delegates from countries representing 90% of the global LNG trade returned to Tokyo this year to hash out the debate started years ago by the discovery of new North American and African gas supplies -- whether to move away from ...
Tags: Oil, Metallurgy, Mineral, Energy
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Recent Approval by The US Department of Energy Do Not Have Free-trade Agreements
Jun 14, 2013The newly appointed chairman of the Japan Gas Association said Thursday that the recent approval by the US Department of Energy for LNG shipments from the Freeport LNG project in Texas to countries that do not have free-trade agreements ...
Tags: DOE Export, Chemicals
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Japan's Inpex Signed Tuesday Shipbuilding and Shipping Contracts for Two New LNG Tankers
Jun 7, 2013Japan's Inpex signed Tuesday shipbuilding and shipping contracts for two new LNG tankers, which will deliver cargoes to its new Naoetsu import terminal as well as to Taiwan's CPC from the Ichthys project in northern Australia, a company ...
Tags: Inpex, Tanker Charter Deal, Chemicals
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Horizon Oil Has Agreed to Sell 40% of Its Assets in Papua New Guinea
May 24, 2013Horizon Oil has agreed to sell 40% of its assets in Papua New Guinea, which it hopes will underpin a mid-scale LNG project, to Japanese utility Osaka Gas for $204 million, the Australia-listed company said Thursday. The purchase price ...
Tags: Australia's Horizon, Osaka Gas
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Japan's Osaka Gas and Kyushu Electric Power Have Signed a 12-year LNG Transportation Pact
May 21, 2013Japan's Osaka Gas and Kyushu Electric Power have signed a 12-year LNG transportation agreement with shipping company Mitsui OSK Lines to lift contracted volumes from the Ichthys LNG project offshore Australia, Osaka Gas said in a statement ...
Tags: Metallurgy, Mineral, Energy, Gas
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Australia's National Offshore Petroleum Titles Administrator Has Offered Crux JV
Feb 1, 2013Australia's National Offshore Petroleum Titles Administrator has offered the Shell-led Crux joint venture a five-year retention lease for production license AC/L9, located off the country's northwest coast. "The Crux JV will now ...
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ExxonMobil's Papua New Guinea LNG Plant Is on Schedule to Start up and Ship Its First LNG
Jan 28, 2013ExxonMobil's Papua New Guinea LNG plant is on schedule to start up and ship its first LNG in 2014, Peter Botten, Managing Director of minority project shareholder Oil Search, said at a conference Thursday. The 6.9 million mt/year, ...
Tags: ExxonMobil, Oil Search, natural gas
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Energy Exercised an Option to Sell a $75 Million Stake in The Crux Gas
Dec 20, 2012NEXUS Energy has exercised an option to sell a $75 million stake in the Crux gas and liquids field in Western Australia's offshore Browse Basin to the field's operator, Royal Dutch/Shell. The move will drop Nexus's stake in Crux from 17 ...
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The Cost of The Gorgon LNG Project Offshore Western Australia Grew 40.5% to $52 Billion
Dec 10, 2012The cost of the Gorgon LNG project offshore Western Australia has grown 40.5% to $52 billion, operator Chevron said Wednesday. A cost and schedule review has been completed, with the total cost estimate for the "foundation project" up ...
Tags: capital program, cost and schedule review, foundation project
